CME - Science-driven Blockchain Technology Set to Disrupt the Future
NetworkNewsWire Editorial Coverage: The global blockchain technology market is expected to surge to $20 billion by the end of 2024 (http://nnw.fm/L0fW9), according to Transparency Market Research. The overall market is expected to exhibit a compound annual growth rate of 58.7 percent between 2016 and 2024, with the Asia Pacific region showing the most robust growth rate at 61.3 percent CAGR during the same time period. Momentum continues to build as blockchain technology becomes more well-known and proves its worth in both financial and non-financial sectors. Forward-thinking companies like Victory Square Technologies, Inc. (CSE: VST) (OTC: VSQTF) (FWB:6F6) (VSQTF Profile), Hive Blockchain Technologies Ltd. (TSXV: HIVE.V), Long Blockchain Corp. (NASDAQ: LBCC), Cboe Global Markets, Inc. (NASDAQ: CBOE) and CME Group, Inc. (NASDAQ: CME) are all visualizing blockchain technology as a portal into a profitable future.
Blockchain Benefits
Blockchains are digitized, encrypted, secure ledgers providing a decentralized database of financial transactions for a wide array of industries from cryptocurrencies — think Bitcoin and Ethereum — to global manufacturing and supply chains, logistics management, medical records, international payments, smart contracts and legal agreements. Notably, blockchain technology provides end-to-end encryption and privacy, virtually removing the risk of a single point of...
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